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Golden Minerals is a junior silver producer with a strong growth profile, listed on both the NYSE Amex and TSX.

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Message: Re: O.T Samex
10
Feb 20, 2011 12:15AM
3
Feb 20, 2011 04:04AM
9
Feb 20, 2011 09:51AM

Cannacord was a huge buyer of Samex on Friday and they share some common shareholders with ECU for sure. The thought is that someone sold ECU hard to pay for part of their Samex purchase on Friday. It's certainly possible especially the way ECU was sold in waves by Cannacord starting in the afternoon. Each time this happened the computers sold in waves as well taking ECU lower and lower. The good thing is this seemed like a legit seller so they can only do this once and the other good thing is the computer will go too the buy side when pushed by a buyer or if the algo's are out of whack in an oversold situation which they would seem to be versus recent trading and other peers. Let's see what happens Tuesday.

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